Estimate Your Pension in Retirement Online

Most NYSLRS members can now create their own pension estimate in minutes using Retirement Online.

A Retirement Online estimate is based on the most up-to-date account information we have on file for you. You can enter different retirement dates to see how those choices would affect your benefit. When you’re done, you can print your pension estimate or save it for future reference.

man at computer

How to Create Your Pension Estimate

Before you can use the new pension calculator, you will need a Retirement Online account. Once you sign in, go to the My Account Summary section of your account homepage and click the “Estimate my Pension Benefit” button.

You can enter an estimated retirement date (or retirement age), your current salary and expected annual salary increases. You can also include any service credit you plan to purchase and anticipated lump sum payment for unused vacation. If you add the birthdate for a beneficiary, you’ll also see the estimated monthly payment you would receive if you were to choose a payment option that provides a benefit for a survivor.

Any pension estimate you generate with the online calculator would be an approximation of your potential benefit; it is not a guarantee that you’ll receive a certain amount when you retire.

Alternative Ways to Get an Estimate

While more than 90 percent of NYSLRS members (most Tier 3 through 6 members) can use the new benefit calculator, some members should have NYSLRS generate their benefit estimate.

For example, if you recently transferred your membership to NYSLRS or are covered under certain special plans, it would be better if NYSLRS created an estimate for you. The system will notify you if your estimate cannot be completed using Retirement Online’s estimate tool. Please contact us to request a pension estimate if you receive this notification. Also, if you are in Tiers 1 through 4, you can still use the Quick Calculator on the NYSLRS website. The Quick Calculator generates estimates based on information you provide.

3 thoughts on “Estimate Your Pension in Retirement Online

  1. David Moog

    If you transferred time from NYCERS to NYSLRS and for 6 months the time and salary overlap how is that accounted for in the FAE calculation? For example I have time, salary, and pension contribution to NYCERS from June 2018 to January 2019, while working and contributing to NYSLRS. How is that addiitonal salary treated in the FAE?

    1. NYSLRS Post author

      For help with questions like this about your final average earnings, please call our customer service representatives at 1-866-805-0990 (or 518-474-7736 in the Albany, NY area), press 2, then follow the prompts. You can also email our customer service representatives using our secure email form. Filling out the secure form allows them to safely contact you about your personal account information.

  2. Michelle Diacetis

    This was awesome and very helpful. What a great website and application, the look/feel/visual/content/functionality. The detailed Pension Benefit Estimator the page above directed me to (vs. the Quick Calculator) was very helpful and a thought-out application in that it pre-filled in fields of information it already had about me within your records. Thank you and kudos to your Application Development team!!


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